Cutting Edge Technologies reported the following information in its 2019 annual report:
1.Determine the inventory turnover ratio.(Round your answer to two decimal places. )
2.Determine the average days to sell inventory.(Round your answer to a whole number. )
3.Explain the meaning of each ratio.
Definitions:
Cross-Pollinate
The process or action of sharing and transferring ideas, knowledge, or practices across different fields or organizations for mutual benefit.
Stakeholder Assessment
The evaluation and analysis of the interests, influence, and implications for individuals and groups that have stakes in the activities of an organization.
Green Marketing
Marketing efforts designed to promote products and services based on their environmental benefits.
Strategic Environmental Audit
A systematic evaluation of how well an organization is performing with respect to managing environmental risks and opportunities.
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